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Minnetonka, MN

City in Hennepin County, Minnesota. ZIP codes: 55305, 55343, 55345, 55391.

Population

53,064

Land area

26.9sq mi

People per sq mi

1,971

ZIP codes

4

Minnetonka and its ZIP codes

Minnetonka at a glance

  • Minnetonka is about 27 times as dense as Minnesota as a whole.
  • It is the 19th most populous of 914 cities and towns in Minnesota.
  • Households here earn a median of $119,517 a year, 34% more than the Minnesota figure of $89,062.
  • A typical owner-occupied home is valued at $475,800 (44% above Minnesota) and median rent is $1,779 a month.

Local data for Minnetonka, MN

Counts from official public data

Housing and community stats

Minnetonka, MN, American Community Survey 2020-2024

Full profile

Median household income

$119,517

Poverty rate

5.9%

Median home value

$475,800

Median rent

$1,779/mo

Homeownership

71.6%

Bachelor's or higher

65.0%

Median age

42.9

Average commute

19.3 min

Largest reported origins and ancestries: German Americans (14,158), Irish Americans (6,459), Norwegian Americans (6,165).

Home values and rentsIncome, education and commute

Economy and federal money

Jobs, pay, income and spending are for Hennepin County. PPP loans are for Minnetonka.

Details

Unemployment rate

4.7%

Sep 2026, +0.9 pts in a year

Average annual pay

$92,294

919,062 jobs, 2025

Income per person

$100,352

BEA, 2024

Federal spending

$173B

FY 2026, $134,694 per person

PPP loans

$374M

3,091 loans, 34,793 jobs reported

Hennepin County economyFederal spendingPPP loans

How people get to work

Minnetonka, MN, workers 16 and older. American Community Survey 5-year estimates

  • Drove alone65.1%
  • Carpooled4.2%
  • Public transit0.5%
  • Walked1.2%
  • Bicycle0.5%
  • Taxi, ride-hailing, motorcycle or other1.0%
  • Worked from home27.4%

Average one-way commute: 19.3 minutes for people who do not work from home.

Environment and hazard risk

Minnetonka, MN, from FEMA, NOAA and EPA

Full report

Natural hazard risk

Relatively High

Top: cold wave

Storm events since 1996

1,221

Countywide, mostly hail

Flood insurance policies

882

0.2% of homes, county

July high / Jan low

82° / 7°F

34.7 inches of rain a year

Hazards, floods and storm historyCheck a flood zone2 historic places

Health statistics

Share of adults in Minnetonka, MN, CDC PLACES estimates

All 40 measures

Obesity

24.5%

U.S. 33.3% -8.8 pts

Diabetes

7.6%

U.S. 12.1% -4.5 pts

Smoking

8.6%

U.S. 12.8% -4.2 pts

Uninsured (18-64)

5.2%

U.S. 11.1% -5.9 pts

ZIP codes in Minnetonka

4 in or overlapping Minnetonka. Population shown

Cities near Minnetonka

NameDistanceLand area (sq mi)
WoodlandCity2.8 mi0.6
HopkinsCity3 mi4.1
DeephavenCity3.1 mi2.3
WayzataCity3.3 mi3.1
GreenwoodCity4.8 mi0.4
Medicine LakeCity4.9 mi0.2
St. Louis ParkCity5 mi10.6
ExcelsiorCity5.4 mi0.6
EdinaCity5.8 mi15.5
Long LakeCity6 mi0.9
Village of Minnetonka BeachCity6 mi0.5
PlymouthCity6.1 mi32.7
Tonka BayCity6.2 mi0.9
Eden PrairieCity6.2 mi32.5
Golden ValleyCity6.4 mi10.2
OronoCity6.6 mi15.9

Frequently asked questions

What county is Minnetonka, MN in?
Minnetonka is in Hennepin County, Minnesota.
What ZIP codes are in Minnetonka, MN?
ZIP codes in or overlapping Minnetonka include 55305, 55343, 55345, 55391.
What is the population of Minnetonka, MN?
About 53,064 people live in Minnetonka, based on American Community Survey 5-year estimates.
What cities are near Minnetonka?
Nearby places include Woodland (2.8 mi), Hopkins (3 mi), Deephaven (3.1 mi), Wayzata (3.3 mi), Greenwood (4.8 mi).

Source: U.S. Census Bureau (TIGER/Line boundaries, American Community Survey) · Data as of 12/31/2023

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